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Dec 24, 2012
12/12
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at the u.s. government is an insurance company with an army. when we talk about the insurance company part, we are talking about medicare and social security, and to some degree medicaid. those are programs that benefit the middle class and the poor, mainly through retirement. the other thing that people talk about, those are very small parts in the federal budget compared to medicare and social security. really, is not a question of needing to cut these programs. it is that they are growing more quickly than the economy, larger than they have been in the past, and what we need to decide as a nation is, are willing to pay substantially higher taxes than we have in the past to pay for these programs? if we want to keep our current tax burdens, we need to figure out how to reduce those programs. medicare -- we are not talking about reducing benefits over the long term. we have a health care system over all that grows more quickly than the economy. economists do not have one reason why that happens. they are looking for all the reasons why that ha
at the u.s. government is an insurance company with an army. when we talk about the insurance company part, we are talking about medicare and social security, and to some degree medicaid. those are programs that benefit the middle class and the poor, mainly through retirement. the other thing that people talk about, those are very small parts in the federal budget compared to medicare and social security. really, is not a question of needing to cut these programs. it is that they are growing...
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Dec 1, 2012
12/12
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later, we will hear from the president of the european parliament on the eu and u.s. partnership. >> this morning, robert van order talks about the forgiveness of the mortgage debt relief act. then, we will look at the preparations for the 113th congress chris bradford stitch -- with bradford fitch. later, the
later, we will hear from the president of the european parliament on the eu and u.s. partnership. >> this morning, robert van order talks about the forgiveness of the mortgage debt relief act. then, we will look at the preparations for the 113th congress chris bradford stitch -- with bradford fitch. later, the
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Dec 23, 2012
12/12
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the u.s. economy is at stake here. millions upon millions of families are counting on us to do something. it is the president's job. it is his job to find a solution that can pass the congress. he is the only one who can do it. this is not john boehner's problem to solve. he has done his part. he has bent over backwards. mr. president, how about rallying the party around a solution? how about getting the democrats to find a solution? we cannot solve the problems we face unless and until the president of united states finds the will or develops the ability to lead. this is a moment that calls for presidential leadership. that is the way out of this. it is that simple. does anybody wonder why we keep going from crisis to crisis around here? does anybody notice a pattern? this does not have to be a crisis. this was an opportunity. once again, the president ignored it. he went out and held rallies and give partisan speeches even after it already been reelected. it is obvious this poinat this point that the president wants
the u.s. economy is at stake here. millions upon millions of families are counting on us to do something. it is the president's job. it is his job to find a solution that can pass the congress. he is the only one who can do it. this is not john boehner's problem to solve. he has done his part. he has bent over backwards. mr. president, how about rallying the party around a solution? how about getting the democrats to find a solution? we cannot solve the problems we face unless and until the...
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Jan 1, 2013
01/13
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one of the things i would like to pretend that is in 2012 the u.s. would actually develop a u.s. policy. some of this will develop this natural gas so and these unconventional things. >> a year relaxed about this whole a certain sum of the industry happening so fast. in the other part of the world there is the misgivings about this. >> relax is not the word i would have chosen chris has become an extraordinarily contentious issue. one of the reasons it has been contentious is because they're in packs. too often up until now many companies have tonight there are any impacts. the communities see their water contaminated not necessarily buy tractors but by spills on the surface. the cement casings i. they see their what you're getting contaminated. -- they see their what you're getting contaminated. i visited in pennsylvania 30 minutes out of pittsburgh as part of president obama appointed seven of us to chart a safe path forward. i had a woman who said she was forced to abandon her family farm because of the noxious emissions from the neighboring wells. her son in order to continue
one of the things i would like to pretend that is in 2012 the u.s. would actually develop a u.s. policy. some of this will develop this natural gas so and these unconventional things. >> a year relaxed about this whole a certain sum of the industry happening so fast. in the other part of the world there is the misgivings about this. >> relax is not the word i would have chosen chris has become an extraordinarily contentious issue. one of the reasons it has been contentious is...
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Dec 27, 2012
12/12
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host: if the u.s. government and american taxpayers go over the so called "fiscal cliff" what do you foresee for? the for? guest: the fiscal cliff is going to shave off about 4% of gdp, so that the national economic growth. currently is growing about 2%. you can do very simple mathematics. and we are back in a recession. we can anticipate 1 million or 2 million net job losses in 2013. it will be difficult for the housing market to continue its momentum without jobs. so we hope that this cliff can be averted. host: when you look at negotiations going on in washington, does your association have a favorable path towards achieving the fiscal cliff? guest: a $1 trillion budget deficit we have been running annually, that is unsustainable. something needs to be addressed. the shrinking of the time. we have, one has to get something done quickly and then a grand bargain as to get done in the springtime to fundamentally address the long- term budget deficit. but after get over the short- term obstacle. we're n
host: if the u.s. government and american taxpayers go over the so called "fiscal cliff" what do you foresee for? the for? guest: the fiscal cliff is going to shave off about 4% of gdp, so that the national economic growth. currently is growing about 2%. you can do very simple mathematics. and we are back in a recession. we can anticipate 1 million or 2 million net job losses in 2013. it will be difficult for the housing market to continue its momentum without jobs. so we hope that...
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Dec 13, 2012
12/12
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the u.s. house of representatives committee on foreign affairs will hold a hearing on thursday, december 20 on the benghazi attacke. secretary clinton will be testifying. c-span will cover this on thursday at 1:00 p.m. eastern time. c-span cameras will be there. front page of the national journal this morning -- on tuesday he delivered the gop talking points about the need for more spending cuts as part of any deal, while downplaying the role of raising income-tax rates on wealthier earners, which the white house trumpets often. boosting rates on the rich, he said, would provide enough money to run the government for eight days. that has nothing to do with spending, getting spending in line. other than performing requisite task, mitch mcconnell has not emerged as a huge presence in the ongoing fiscal cliff narrative. that is a change from past budget and tax deals where his finger prints were evident, a fact that could affect the final outcome or subtlety of the deal. that the national journal
the u.s. house of representatives committee on foreign affairs will hold a hearing on thursday, december 20 on the benghazi attacke. secretary clinton will be testifying. c-span will cover this on thursday at 1:00 p.m. eastern time. c-span cameras will be there. front page of the national journal this morning -- on tuesday he delivered the gop talking points about the need for more spending cuts as part of any deal, while downplaying the role of raising income-tax rates on wealthier earners,...
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Dec 16, 2012
12/12
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three years ago, mckinsey showed by 2020, the u.s. could reduce non-transport energy consumption by 1/4. it would pay back more than $1 trillion in savings. the report found the nation could save money by cutting energy consumption by 30% and produce the same amount of goods and services. we have calculated hundreds of measures currently available could reduce energy consumption by 1/2 by 2013. the cost savings would be twice the dollar amount investment. these reports suggest to realize the potential, public policy is necessary. a leading example of success is the commercial building partnership sponsored by the department of energy. its partners with owners and operators on new buildings and retrofits resulting in compelling results. one project cut energy consumption by 35% at the target store. they are now busy replicating that enterprise-wide. at the support facility where i have my office, there is another example of how much can be accomplished when efficiency is a fundamental attribute of the building design. net 0the world's
three years ago, mckinsey showed by 2020, the u.s. could reduce non-transport energy consumption by 1/4. it would pay back more than $1 trillion in savings. the report found the nation could save money by cutting energy consumption by 30% and produce the same amount of goods and services. we have calculated hundreds of measures currently available could reduce energy consumption by 1/2 by 2013. the cost savings would be twice the dollar amount investment. these reports suggest to realize the...
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Dec 29, 2012
12/12
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>> i volunteered to go to vietnam, it was an advisory effort, it was not leading u.s. combat troops. a lot of people told me i was crazy. what are you doing this for? there is no career enhancement for you going over there and advising them and that sort of thing. i told them they don't understand. it is a sense of duty. i'm an instrument of war. i was not articulating my possession well. -- my position very well. then i saw "ben franklin in paris" and this wonderful last scene where ben franklin stands up about how will i find those americans then. will they love liberty given it to their crib for nothing. if you are not free you are lost without hope. and are they willing to die for it? that is one question that you have to ask, are you willing to die for it and the answer must be, yes, sir, i would. that is why i was going to vietnam. i have never forgotten those words. >> there's another point where you talk about the civilians in washington seeing too many rambo movies. >> there was an element pressuring, i felt, for us to take action when we were not prepared to
>> i volunteered to go to vietnam, it was an advisory effort, it was not leading u.s. combat troops. a lot of people told me i was crazy. what are you doing this for? there is no career enhancement for you going over there and advising them and that sort of thing. i told them they don't understand. it is a sense of duty. i'm an instrument of war. i was not articulating my possession well. -- my position very well. then i saw "ben franklin in paris" and this wonderful last scene...
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Dec 6, 2012
12/12
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they can delay paying u.s. taxes on that indefinitely. but the money comes from the rent, as so-called passive income, they have to pay taxes on that immediately. this provision says if your a bank, duquesne the late paying your taxes. it is going to be considered active income. -- you can be late paying your taxes. it is going to be considered active income. it is quite valuable to them. it is kind of a gray area. in 1986 when they did big tax reform, they said that is active and come and we should tax that money -- income and we should ta money. host: we have been talking with sam goldfarb from cq roll call. thank you very much. open phones. if you like to have a comment about anything we discussed this morning, any public policy issue that you like to bring up, you can see the numbers on the screen/political affiliation. republicans, democrats, and independents. send your tweets and e-mials as mails as well. >> , 9:31 a.m.. jobless numbers in this hour so the numbers of people seeking aid dropped sharply last week. weekly applications
they can delay paying u.s. taxes on that indefinitely. but the money comes from the rent, as so-called passive income, they have to pay taxes on that immediately. this provision says if your a bank, duquesne the late paying your taxes. it is going to be considered active income. -- you can be late paying your taxes. it is going to be considered active income. it is quite valuable to them. it is kind of a gray area. in 1986 when they did big tax reform, they said that is active and come and we...
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Dec 12, 2012
12/12
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purges in over 70% of all new u.s. debt issuance fees. -- issuances. if you look at people who are buying our debt, their appetite is getting less, not greater. they are buying short-term debt because of huge interest rates risks. if you look at china in particular, they are looking for corporate bonds rather than u.s. treasury securities because they do not like what they see. we are living on borrowed time. we have created another bubble. my view is the reason the fed is doing that is because the mandate was changed in the late 70's to where they have to be concerned with unpolluted with unemployment. -- with unemployment. we need a fiscal deal. the fed has to change its policy because both are imprudent and unsustainable over time. >> right. >> one of the most successful physical consolidations in the developed, democratic world in canada, in the mid 1990's, and i ask the canadian politicians how did you do it? the public went from cheering on spending to deficits within a matter of a year or two. the government in canada now risks some peril if the
purges in over 70% of all new u.s. debt issuance fees. -- issuances. if you look at people who are buying our debt, their appetite is getting less, not greater. they are buying short-term debt because of huge interest rates risks. if you look at china in particular, they are looking for corporate bonds rather than u.s. treasury securities because they do not like what they see. we are living on borrowed time. we have created another bubble. my view is the reason the fed is doing that is because...
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Dec 27, 2012
12/12
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host: if the u.s. government and american taxpayers go over the so called "fiscal cliff" what do you foresee for? the for? guest: the fiscal cliff is going to shave off about 4% of gdp, so that the national economic growth. currently is growing about 2%. you can do very simple mathematics. and we are back in a recession. we can anticipate 1 million or 2 million net job losses in 2013. it will be difficult for the housing market to continue its momentum without jobs. so we hope that this cliff can be averted. host: when you look at negotiations going on in washington, does your association have a favorable path towards achieving the fiscal cliff? guest: a $1 trillion budget deficit we have been running annually, that is unsustainable. something needs to be addressed. the shrinking of the time. we have, one has to get something done quickly and then a grand bargain as to get done in the springtime to fundamentally address the long- term budget deficit. but we have to get over the short-term obstacle. we'
host: if the u.s. government and american taxpayers go over the so called "fiscal cliff" what do you foresee for? the for? guest: the fiscal cliff is going to shave off about 4% of gdp, so that the national economic growth. currently is growing about 2%. you can do very simple mathematics. and we are back in a recession. we can anticipate 1 million or 2 million net job losses in 2013. it will be difficult for the housing market to continue its momentum without jobs. so we hope that...
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Dec 25, 2012
12/12
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the u.s. will have a relationship with the new egypt but it will not be the relationship of a client state that we saw with's the minority -- hosni mubarak or on war said sadat. is the changing relationship in the country like pakistan after the osama bin laden raid and in states like yemen. they look over the horizon that bahrain and say, we do not want that. host: one of the papers this morning has a story taking a look at the change in leadership in specific countries in asia and highlighting what is going on in north korea, south korea, and japan. what does that prove for the administration? guest: you can put north korea in the same category as japan and south korea. they have taken power and have produced leaders but are still checked by the open society and by the democratic political system. kim jong un is the son of kim jong il who died about a year ago. to say he is a hawk misses the point. he is a tyrant. he continues to sell arms to countries like iran and build their nuclear progr
the u.s. will have a relationship with the new egypt but it will not be the relationship of a client state that we saw with's the minority -- hosni mubarak or on war said sadat. is the changing relationship in the country like pakistan after the osama bin laden raid and in states like yemen. they look over the horizon that bahrain and say, we do not want that. host: one of the papers this morning has a story taking a look at the change in leadership in specific countries in asia and...
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Dec 31, 2012
12/12
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british is a u.s. business. the activity that happens in the u.k. even if you have to describe it as sales activity which is not exactly what the people do, we can still go and get that activity from the open market at the kind of cost that we're paying the u.k. >> fallout from all of that led to starbucks saying it would pay $20 million pounds. it attributed to margaret hodges given the parliamentarian of the year award. now off to the house of lords where the government suffered a series of defeats in secret court hearings in civil cases. the government wanted the government to hear the evidence in what are closed closed material proceedings, which include the public, the media and even the american who brought the case. the intelligent services could be compromised. at the moment the government finds itself unable to defend some compensation claims for fear of blowing the government of secret agents or government sources. >> what i am worried about is that we're giving them the victory and actually legislating to underpin that victory. >> it's de
british is a u.s. business. the activity that happens in the u.k. even if you have to describe it as sales activity which is not exactly what the people do, we can still go and get that activity from the open market at the kind of cost that we're paying the u.k. >> fallout from all of that led to starbucks saying it would pay $20 million pounds. it attributed to margaret hodges given the parliamentarian of the year award. now off to the house of lords where the government suffered a...
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Dec 9, 2012
12/12
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however, the u.s. has found some armed groups that are, again, more moderate in their pronouncements and those may be the ones we ultimately are working with. host: you mentioned mustard gas. here is another comment from our viewer. guest: this is a very important question and there is credibility issues and skepticism given what happens with the weapons of mass destruction and the intelligence failure there. i think we are in a different situation in syria. this is hard intelligence. we are not talking about nukes, but it's important to remember the date used mustard gas and other agents against the kurdish people, so there is a precedence. host: you lived in syria under assaad's father. what was it like? guest: fear permeated the environment. it is known as a state in which the intelligence agencies permeated just about every aspect of people's daily lives. it was a situation and in which people were frightened to even mention the word politics let alone engage in politics. host: why did you decide t
however, the u.s. has found some armed groups that are, again, more moderate in their pronouncements and those may be the ones we ultimately are working with. host: you mentioned mustard gas. here is another comment from our viewer. guest: this is a very important question and there is credibility issues and skepticism given what happens with the weapons of mass destruction and the intelligence failure there. i think we are in a different situation in syria. this is hard intelligence. we are...
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Dec 7, 2012
12/12
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if all the sudden u.s. treasuries were downgraded, wouldn't that have a pretty significant the fact on where we are relative to the avalanche? >> if there is downgraded treasury debt, this would likely trigger other downgrades. bank debt, they will get downgraded. jpmorgans of the world. money managers have in their relationship with their clients agreements not to invest in bonds that have rates below a certain grade. they will have to divest themselves because of the downgrades. this will cause problems in the credit markets. the credit markets will ultimately adjust. the reality has not changed. you will see hedge funds and private equity firms, but that is the process. it will take time. between now and then, it will create a greater amount of turmoil. it is what this means. it means that we do not have the political will to nail this thing down. and we will not. people will recognize that and we will go nowhere. >> if you want to preserve the entitlement, get us to balance. >> get us to sustainability.
if all the sudden u.s. treasuries were downgraded, wouldn't that have a pretty significant the fact on where we are relative to the avalanche? >> if there is downgraded treasury debt, this would likely trigger other downgrades. bank debt, they will get downgraded. jpmorgans of the world. money managers have in their relationship with their clients agreements not to invest in bonds that have rates below a certain grade. they will have to divest themselves because of the downgrades. this...
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Dec 23, 2012
12/12
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at the u.s. government is an insurance company with an army. when we talk about the insurance company part, we are talking about medicare and social security, and to some degree medicaid. those are programs that benefit the middle class and the fourpo mainly through retirement. the other thing that people talk about, those are very small parts in the federal budget compared to medicare and social security. really, is not a question of needing to cut these programs. it is that they are growing more quickly than the economy, larger than they have been in the past, and what we need to decide as a nation is, are willing to pay substantially higher taxes than we have in the past to pay for these programs? if we want to keep our current tax burdens, we need to figure out how to reduce those programs. medicare -- we are not talking about reducing benefits over the long term. we have a health care system over all that grows more quickly than the economy. economists do not have one reason why that happens. they are looking for all the reasons why that h
at the u.s. government is an insurance company with an army. when we talk about the insurance company part, we are talking about medicare and social security, and to some degree medicaid. those are programs that benefit the middle class and the fourpo mainly through retirement. the other thing that people talk about, those are very small parts in the federal budget compared to medicare and social security. really, is not a question of needing to cut these programs. it is that they are growing...
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Dec 31, 2012
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that is a much more cost- effective way of the u.s. looking to regarded as national security interests but also help these countries deal with their own problems so that they don't become direct threats to the u.s. i looked at two specific examples, colombia and latin america, the philippines in asia. where these forces working with the philippines and colombians over number of years were able to really address those security threats successfully. i think there's a large consensus forming in a special operations community that is the wave of the future. rather than ask for more money, the things they would need to really improve and perfect this capability can be done with a shifting of some resources internally and that requires -- and not require huge expenditures. the key is working through these other forces. it has been tried to some degree in places like pakistan, yemen, in afghanistan, there's a big effort over the last couple years training village defense forces. there also train afghan special forces and working with special
that is a much more cost- effective way of the u.s. looking to regarded as national security interests but also help these countries deal with their own problems so that they don't become direct threats to the u.s. i looked at two specific examples, colombia and latin america, the philippines in asia. where these forces working with the philippines and colombians over number of years were able to really address those security threats successfully. i think there's a large consensus forming in a...
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Dec 21, 2012
12/12
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right now today in the u.s. department of education, average salary across the board in the federal department of education, the average salary is $102,000 a year. isaverage teacher's salary $42,000 the year, less than half of what federal bureaucrats are making. most of them have never talked a child to read. we need to leave those dollars in the hands of the states and the people and let the teachers be able to teach. i have been very critical of president bush with notes have left behind -- no child left behind. i hear teachers all over the country i have talked to and they all agree with me we need to get rid of no child left behind. we need to leave those dollars in the hands of the states and the people, and that is one area of spending where we could do so. students would be in a whole lot better situation. the education level is dropping because we are paying an average. crack in the department of education $102,000 a year. we need to leave those dollars to the states so we can pay the teachers and educa
right now today in the u.s. department of education, average salary across the board in the federal department of education, the average salary is $102,000 a year. isaverage teacher's salary $42,000 the year, less than half of what federal bureaucrats are making. most of them have never talked a child to read. we need to leave those dollars in the hands of the states and the people and let the teachers be able to teach. i have been very critical of president bush with notes have left behind --...
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Dec 1, 2012
12/12
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if the u.s. provides weapons to the syrian opposition they will wind up in the hands of extremists. i was wondering if you could speak about what the new coalition is specifically doing to build a closer relationship with the three syrian army and various militias fighting on the ground. it seems more likely the syrian opposition will receive assistance if the new coalition can show they are in away unified with the people doing the fighting. >> thank you. >> the u.s. position has been repeated many times that we will not give assistance, it may go to the wrong hands. if the u.s. stays in its position, they are getting the money from some groups in the gulf countries or in other areas. you can play a role in the transition rather than waiting until the transition is done. the lack of support, we see the increasing influence of t. this is the fear we have. this is a shared concern of the international community. we do not need the nature of the syrian people -- committed to the international commu
if the u.s. provides weapons to the syrian opposition they will wind up in the hands of extremists. i was wondering if you could speak about what the new coalition is specifically doing to build a closer relationship with the three syrian army and various militias fighting on the ground. it seems more likely the syrian opposition will receive assistance if the new coalition can show they are in away unified with the people doing the fighting. >> thank you. >> the u.s. position has...
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Dec 29, 2012
12/12
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also an associate political science professor at the u.s. naval academy. if you want to get involved in the conversation, call the number on your screen -- host: we're going to talk about how the president chooses to travel around the country based on the return on what he's going to get in the electrical college. talk to us about that. guest: it's a winner take all basis. so it made no sense for governor romney to spend more time for texas or california or new york or any other state. so we would expect as the election is close that presidents and presidential candidates focus on those states that they might win or lose that they either carry or yield to the other time. so when does that start? so what i did is built a massive state of where the president travels going back to jimmy carter's inauguration and it turns out that every president since reagan has disproportionately visited electoral states in most of their gleers office. -- with -- host: so states that you say states that key like ohio, north carolina, new hampshire. guest: right. host: they g
also an associate political science professor at the u.s. naval academy. if you want to get involved in the conversation, call the number on your screen -- host: we're going to talk about how the president chooses to travel around the country based on the return on what he's going to get in the electrical college. talk to us about that. guest: it's a winner take all basis. so it made no sense for governor romney to spend more time for texas or california or new york or any other state. so we...
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Dec 31, 2012
12/12
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u.s. policy toward north korea hoping that north korea will give up its weapons for aid has been a failure. it's been a bipartisan failure, frankly, for decades, and it's gotten us now to this point. the hope that north korea can be induced to abandon its ambitions for nuclear weapons and missiles distracts us, north. it distracts us from pursuing the very policies that might actually change the behavior of the regime and support its people. going forward, we need to move away from an unimaginative policy here to one with energy and creativity and focus, so let's tackle north korea's illicit activities, its counterfeiting of u.s. currency. this regime will do anything for money. it is, as many north koreans will tell you, it is a gangster regime. let's interfere with those shipments and disrupt the bank accounts that are used. let's ramp up radio broadcast in the country where there is information wall that is cracking. and let's help the refugees who are literally dying to escape the pris
u.s. policy toward north korea hoping that north korea will give up its weapons for aid has been a failure. it's been a bipartisan failure, frankly, for decades, and it's gotten us now to this point. the hope that north korea can be induced to abandon its ambitions for nuclear weapons and missiles distracts us, north. it distracts us from pursuing the very policies that might actually change the behavior of the regime and support its people. going forward, we need to move away from an...
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Dec 28, 2012
12/12
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host: there's the u.s. debt clock. you can also see how much that is for individuals and what protection is moving ahead. our guest is damian paletta of the wall street journal. the covers finances and congress and the white house. his work is available online. from the senate floor yesterday, these comments by the senate democratic leader harry reid. [video clip] >> the speakership all members of the house back to washington today. he should not give let them go. they are not here. they are not here. john boehner seems to care more about keeping his speakership than about keeping the nation on sound financial footing. it's obvious what's going on around here. he is waiting until january 3 to get reelected as speaker before we get serious with the negotiations, because he has so many people over there that will not follow what he wants. that's obvious from the debacle that took place last week's. host: referring to the vote oesterday on speaker b ehner's plan b. guest: they might feel they have better numbers in the ho
host: there's the u.s. debt clock. you can also see how much that is for individuals and what protection is moving ahead. our guest is damian paletta of the wall street journal. the covers finances and congress and the white house. his work is available online. from the senate floor yesterday, these comments by the senate democratic leader harry reid. [video clip] >> the speakership all members of the house back to washington today. he should not give let them go. they are not here. they...
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Dec 29, 2012
12/12
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>> there was not a single u.s. wounded. these were south vietnam please. >> you talk about how you hear people refer to them as gooks and it irritated you. >> sure it did. it is a term of prejudice. it is a term that tends to paint everyone with a same negative brush. i've got to tell you the ones i served with in that first tour, they were not corrupt, they were not coward, they are brave patriots. many of them were citizens of north vietnam but they were run out of their homes because they were catholic and they were fighting for their country, they were fighting for their freedom, they were fighting for freements of their home land. all the things that we as americans believe in. that is what they were fighting for. it was not to support a corrupt regime in saigon. that is not what they were there for. i had great respect for them. i did not like it when other americans who didn't know what they were talking about, for the most part, did not know many south have it these talked about them in those terms about them. i was
>> there was not a single u.s. wounded. these were south vietnam please. >> you talk about how you hear people refer to them as gooks and it irritated you. >> sure it did. it is a term of prejudice. it is a term that tends to paint everyone with a same negative brush. i've got to tell you the ones i served with in that first tour, they were not corrupt, they were not coward, they are brave patriots. many of them were citizens of north vietnam but they were run out of their...
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Dec 8, 2012
12/12
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mitchell, the u.s. department of transportation. second witness is susan fleming, director of physical temperature government accountability office. we are privileged to have as a witness paula hammond, washington state chair. and a light leader sheikh -- leadership group. then mr. edward hamberger. and ann schneider. i like to welcome all of the. we appreciate your patience. we have had some lively discussion today. there is a lot of interest in passenger rail service inner- city and high speed. we look forward to your contribution. if you have a lengthy statement that extends beyond five minutes, without objection it will all be considered as part of the record and included in the record. we welcome you. we will now begin and we will start with mitchell behm, the inspector general for rail maritime economic analysis at the department of transportation. >> mr. chairman, members of the committee, thank you for inviting me to testify in the implementation of the nation's high-speed intercity passenger rail program. since we raised co
mitchell, the u.s. department of transportation. second witness is susan fleming, director of physical temperature government accountability office. we are privileged to have as a witness paula hammond, washington state chair. and a light leader sheikh -- leadership group. then mr. edward hamberger. and ann schneider. i like to welcome all of the. we appreciate your patience. we have had some lively discussion today. there is a lot of interest in passenger rail service inner- city and high...
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Dec 17, 2012
12/12
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caller: the u.s. territories, do they applied to them guest: they apply to all of federated territories as well. in some areas, there are statutory minimum amounts that have to be provided to those territories. host: if you like to join the conversation and talked to david maurer about a homeland security grants to states, here are the numbers to call. what formula did the grant programs follow went looking to get out the money? what do they have to do? guest: it varies from program to program, but generally speaking, as a first cut, dhs takes into consideration the risk. in other words, it wants to provide the money more toward portions of the country where there is a greater risk of attack or natural disaster. secondly, we look at capabilities. how capable are the state and local governments already. those that are less capable should get additional funding. and third, they look of the types of project that we are applying -- but they are applying for. the state and local governments do not apply un
caller: the u.s. territories, do they applied to them guest: they apply to all of federated territories as well. in some areas, there are statutory minimum amounts that have to be provided to those territories. host: if you like to join the conversation and talked to david maurer about a homeland security grants to states, here are the numbers to call. what formula did the grant programs follow went looking to get out the money? what do they have to do? guest: it varies from program to program,...
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Dec 31, 2012
12/12
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the u.s. after the civil war, racism. britain in the 180000s, sexism. it wasn't until someone had the initiative to stand up and say, this is wrong, that discrimination was overcome the black civil rights movement for my first example and the suffrage yet mement as my second. but we're still discriminating. at the time, the phrase, equality for all -- it's ridiculous with the age discrimination regarding minimum wage inrder to increase the quality in our democracy the manipulate wage needs to be standard figure for all. the thought that young people areelow their infear you're colleagues and less deserving of a higher wage is outdated, ewan equal. we need to fight for civil liberties for all young people, and with that comes minimum wage for all and for that reason it should be our national campaign. [applause] >> thank you. i'm sorry. we have to wind up the debate becaus we have reached our allotted time. i just want before i call -- to welcome the honorable gentlemen, colonel stewart, who entered the chamber at the back. [applause] >> bob, thank you f
the u.s. after the civil war, racism. britain in the 180000s, sexism. it wasn't until someone had the initiative to stand up and say, this is wrong, that discrimination was overcome the black civil rights movement for my first example and the suffrage yet mement as my second. but we're still discriminating. at the time, the phrase, equality for all -- it's ridiculous with the age discrimination regarding minimum wage inrder to increase the quality in our democracy the manipulate wage needs to...
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Dec 30, 2012
12/12
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u.s. share for 1997-2002. this is about half an hour. >> you hear so often people making the comment that congress is broken today,>> as you exit the institution how would you say it stated? >> it has changed a great deal. it is not the same as when i came 1983. there seemed to be more comedy. tip o'neill was speaker. i will never forget he was the first time he was on the floor raising cane with democrats. he had someone take his place and he came down and started giving me the dickens. after that we became very good friends and played golf together. michael was a wonderful leader. there was a spirit of camaraderie even though we had differences politically then that we do not have now. now it is much more combative. i have a lot of friends on the democratic side of the aisle, very good friends. as far as working things out is not as easy as it used to be. >> what are some of the root causes? >> i think and i am not pointing fingers, when we went after jim wright, newt was the speaker and jim was forced out o
u.s. share for 1997-2002. this is about half an hour. >> you hear so often people making the comment that congress is broken today,>> as you exit the institution how would you say it stated? >> it has changed a great deal. it is not the same as when i came 1983. there seemed to be more comedy. tip o'neill was speaker. i will never forget he was the first time he was on the floor raising cane with democrats. he had someone take his place and he came down and started giving me...
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Dec 25, 2012
12/12
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she is the winner of the u.s. forest service song writing contest to create the official song for the capitol christmas tree and will be singing her original composition "standing tall." lindsay. [applause] >> thank you. this is a privilege to be here and i have never been here to washington, d.c., and it's my birthday. so this is pretty special and privilege to be here with you. merry christmas. ♪ ♪ a cathedral past tennessee river carolina rain all wide open road carried to home be a light in the dark for us all standing tall standing tall godly heavens angels above through your great wisdom and power protect the great land for us all be a light in the dark dark starts to fall standing tall standing tall like the soldier who laid down their life so we all have the freedom we all have the right to believe in this dream for us all standing tall standing tall when we think of the soldier who laid down their life so we all have the freedom we all have the right to believe in this dream for us all standing tall s
she is the winner of the u.s. forest service song writing contest to create the official song for the capitol christmas tree and will be singing her original composition "standing tall." lindsay. [applause] >> thank you. this is a privilege to be here and i have never been here to washington, d.c., and it's my birthday. so this is pretty special and privilege to be here with you. merry christmas. ♪ ♪ a cathedral past tennessee river carolina rain all wide open road carried...
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Dec 10, 2012
12/12
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the u.s. economy. at 11:00 q&a with crystal wright. there is another chance to see david cameron take questions from the house of commons. >> i don't mean just the channel but the able to find surprises. every month or every year i get some show that people are talking about that i don't think you can have imagined choosing. you could not convince me to choose honey boo boo. or a certain food channel networks. i don't think if i had to predetermine that was my preference i would have ever picked them. but the ability to stumble on them, to hear people talk about them and let me go into an environment and suddenly find i like honey boo boo and i'm watching its. i think that is a huge part of the experience and i think it is sold short. i still think a lot of americans love the enjoyment of escapism and being able to roam around the tv jungle finding things they did not know were there. >> ice -- i think people still love discovery. every month or every year, i hear some show people are suddenly
the u.s. economy. at 11:00 q&a with crystal wright. there is another chance to see david cameron take questions from the house of commons. >> i don't mean just the channel but the able to find surprises. every month or every year i get some show that people are talking about that i don't think you can have imagined choosing. you could not convince me to choose honey boo boo. or a certain food channel networks. i don't think if i had to predetermine that was my preference i would have...
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Dec 22, 2012
12/12
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they want the u.s. economy to be stronger as quickly as possible, because it means there will be able to continue to export. as much as they're trying to move from an export driven economy to a more domestic consumption based economy, they will still rely heavily on exports. the more americans are working, the more money they have in their pockets, the more they will be shopping in stores, and so much of what they buy is made from many other countries, including china. the healthier the u.s. economy is, the more that china will export. that means jobs for the chinese people. >> when you talk to leaders, how much are they actually were it about united states? -- worried about united states? >> i think united states is incredibly important to china, and recognize that. not only in very practical ways, but in another way, more psychological. there is a 150 year history were china has been trying to check itself up in big shin itself upr status. there is this lingering psychological mindset of china being v
they want the u.s. economy to be stronger as quickly as possible, because it means there will be able to continue to export. as much as they're trying to move from an export driven economy to a more domestic consumption based economy, they will still rely heavily on exports. the more americans are working, the more money they have in their pockets, the more they will be shopping in stores, and so much of what they buy is made from many other countries, including china. the healthier the u.s....
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Dec 9, 2012
12/12
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also tomorrow, a look at how u.s. debt, slow economic growth and the retirement of baby boomers could impact the global and economic future of the united states. from the american enterprise institute doug join us live at 5:30 p.m. eastern also here on c-span. >> we are at the new york state museum. this is our galley that is dedicated to the history of september 11 and the attacks at the world trade center. we decided with the gallery to tell the story for the first moments of the attacks using objects from the world trade center site. this is a piece of steel from the south tower. we put it in a place where the public can and should come and touch it. it gives it a real tangible experience. this is a piece of steel from the north towers. this is a dramatically bent piece of steel. this is within 10 floors of the impact of 9/11 on the north tower. again, you can see the openings where the windows would have been and this metal strip would have held the aluminum clad on the front of the building. each piece of steel i
also tomorrow, a look at how u.s. debt, slow economic growth and the retirement of baby boomers could impact the global and economic future of the united states. from the american enterprise institute doug join us live at 5:30 p.m. eastern also here on c-span. >> we are at the new york state museum. this is our galley that is dedicated to the history of september 11 and the attacks at the world trade center. we decided with the gallery to tell the story for the first moments of the...
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Dec 14, 2012
12/12
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consequently, the u.s. federal government will continue to provide a social safety net, regulate the economy, and shoulder a substantial share of responsibility for safeguarding the social and economic basis of political equality." guest: there are always some conservatives that argue that, let's have big government. let's make it our big government. i'm not sure you can have the government the size we have and not have -- not squeeze people like the caller we have from new jersey. peter berkowitz should go talk to him, tell them -- tell her she should not mind the government. 200 years of growth during world war room and one, world war ii gave as big government. they didn't fall for that. host: grover norquist is president of americans for tax reform. atr.org. if you would like to read his text pair pledged and see some of the other information may have on their site. and the new release from today. thank you very much for being on "washington journal". >> now a look at how the fiscal cliff the impact medi
consequently, the u.s. federal government will continue to provide a social safety net, regulate the economy, and shoulder a substantial share of responsibility for safeguarding the social and economic basis of political equality." guest: there are always some conservatives that argue that, let's have big government. let's make it our big government. i'm not sure you can have the government the size we have and not have -- not squeeze people like the caller we have from new jersey. peter...
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Dec 13, 2012
12/12
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the bottom line is the u.s. congress and this white house are very disjointed, because the american public is very disjointed. when the american public -- this is a town that is responsive to what their voters tell them. people don't come here and say i will disagree totally with what my constituency tells me to do. once in awhile we would hope when it requires leadership because they get more from patients and their constituents that they rise to the occasion. but i think what is important if we are going to get to that point of these five things that need to be done in order to pull the country forward, more people need to talk about. having him on this panel enunciating those four or five things is important. it is a campaign that needs to be waged, that allows people -- probably in the centers of all political parties, however many that is these days, to have that conversation. it is a lonely center. to be able to have that conversation, to enunciate it. it is something that needs to be talked to and explain
the bottom line is the u.s. congress and this white house are very disjointed, because the american public is very disjointed. when the american public -- this is a town that is responsive to what their voters tell them. people don't come here and say i will disagree totally with what my constituency tells me to do. once in awhile we would hope when it requires leadership because they get more from patients and their constituents that they rise to the occasion. but i think what is important if...
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Dec 14, 2012
12/12
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the doc fix will be explained that at 9:15, i look at how the u.s. population is expected to u.s. population is expected to change over the
the doc fix will be explained that at 9:15, i look at how the u.s. population is expected to u.s. population is expected to change over the
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Dec 13, 2012
12/12
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the u.s. army. to have risen like he did from private to lieutenant colonel, to run as many missions as he did as a helicopter pilot in vietnam, and to have won the -- two distinguished flying crosses is something that this nation can never say thank you enough for what leonard boswell has done, even before he came to the halls of the u.s. congress. in the real world leonard boswell has truled combined a mid wern farmer's common sense with practical everyday living. it's been that experience that's proven so invaluable to us on the transportation and infrastructure committee. his work to draft critical legislation as a pilot leonard boswell knows very well the tremendous issues facing our aviation community. he served on that subcommittee on aviation for each of his 16 years in this body. during the hearings and markups, leonard often spoke about the critical importance of aviation safety and is an advocate for his fellow general aviation pilots. it was for that reason that leonard received an
the u.s. army. to have risen like he did from private to lieutenant colonel, to run as many missions as he did as a helicopter pilot in vietnam, and to have won the -- two distinguished flying crosses is something that this nation can never say thank you enough for what leonard boswell has done, even before he came to the halls of the u.s. congress. in the real world leonard boswell has truled combined a mid wern farmer's common sense with practical everyday living. it's been that experience...
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Dec 21, 2012
12/12
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the typical u.s. army private, including men and women serving us in afghanistan today, married with a newborn infant, will see a $453 increase in taxes as a result of republican plan b. 25 million families will pay an average of $1,000 or more, so that 402,000 families who make over $1 million could get an average tax break of $50,000. that is the tax part of the republican plan. and we are here today, right now, he talking about the cutting part of the republican plan. i think all of us recall, during the election, the republican presidential candidate said, and i quote, 47% of the people will vote for the president, no matter what. he went on to say, "and so my job is not to worry about these people." the republican sequestered cutting plan is making an those promises come true. it sends a signal that republican colleagues do not care about the 47%, because do you know who gets hit? here is what it would do. by the way, this is a recycled version. we have virtually the same version last spring. we
the typical u.s. army private, including men and women serving us in afghanistan today, married with a newborn infant, will see a $453 increase in taxes as a result of republican plan b. 25 million families will pay an average of $1,000 or more, so that 402,000 families who make over $1 million could get an average tax break of $50,000. that is the tax part of the republican plan. and we are here today, right now, he talking about the cutting part of the republican plan. i think all of us...
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Dec 13, 2012
12/12
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we are actually here in this building, the u.s. capital -- capitol, america, your congress is in session and we're here to work. yet my republican colleagues refuse to bring up the middle class tax cut bill that is right behind me at this desk. now my colleague from texas can continue to talk about what happened in august of this year. you know, staging votes for the election, that took place. i know the results of the election. when our constituents are concerned -- what our constituents are concerned about is what happens in january, if and when we fail to do our work here now. and also, to expose that the vote that took place in august was a vote to continue the bush era tax cuts. the very same tax cuts that got us into the mess we are in right now. and they're doing that because they're holding hostage the 98% of americans who receive a tax cut under mr. walz's bill before -- that's at the desk today. and they're holding them hostage to make sure that the 2%, the wealthiest 2% don't get that tax cut. our economy is 70% driven b
we are actually here in this building, the u.s. capital -- capitol, america, your congress is in session and we're here to work. yet my republican colleagues refuse to bring up the middle class tax cut bill that is right behind me at this desk. now my colleague from texas can continue to talk about what happened in august of this year. you know, staging votes for the election, that took place. i know the results of the election. when our constituents are concerned -- what our constituents are...
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Dec 29, 2012
12/12
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the general, commander of u.s. forces and operation desert shield and later doesn't storm, died thursday at age 78. >> if we turn away on the needs of others, we align ourselves with those forces which are bringing about suffering. >> whitehouse is a bully pulpit and you ought to take advantage of it. >> obesity in this country is nothing short of a public health crisis. >> little antennas went up and told me when somebody had their own agenda. so much influence. it would be a shame to waste it. >> i think they serve as a window on the past to what was going on with american women. she becomes the chief confidante. >> many of the women who were first ladies were writers. journalists, they wrote books. they are in many cases more interesting as human beings than their husbands. if only because they are not first and foremost defined and limited by political ambition. >> both is -- socially adept and politically savvy. dolley madison loved every minute of it. mrs. monroe hated it. >> she wants her husband, you cannot
the general, commander of u.s. forces and operation desert shield and later doesn't storm, died thursday at age 78. >> if we turn away on the needs of others, we align ourselves with those forces which are bringing about suffering. >> whitehouse is a bully pulpit and you ought to take advantage of it. >> obesity in this country is nothing short of a public health crisis. >> little antennas went up and told me when somebody had their own agenda. so much influence. it...
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Dec 12, 2012
12/12
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to coordinate with u.s. customs and border protection when determining what baggage must be rescreened in the united states. accordingly, i support this legislation that the obama administration proposed and reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from new york. mr. king: madam speaker, i yield such time as he may consume to the gentleman from illinois, mr. walsh. let me take this opportunity to commend him, the outstanding job he's done during his time of service on the committee. . the speaker pro tempore: the gentleman from illinois is recognized for such time he may consume. mr. walsh: thank you, madam speaker. the i thank chairman king. earlier this year i introduced the no hassle flying act legislation, brought to our attention by the transportation security administration. senators clow by car from minnesota and blunt from missouri introduced my language in the senate and this is the bill we are considering today. over the
to coordinate with u.s. customs and border protection when determining what baggage must be rescreened in the united states. accordingly, i support this legislation that the obama administration proposed and reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from new york. mr. king: madam speaker, i yield such time as he may consume to the gentleman from illinois, mr. walsh. let me take this opportunity to commend him, the...
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Dec 21, 2012
12/12
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u.s. dot and fda provided critical support. the ministry was personally involved in getting specialized breakers from chicago for service. but with path operating at less than full strength on partial schedules, and as new jersey transit continues its efforts to restore service, commutes are still badly disrupted. what normally was a 45-minute ride has now doubled or worse as commuters displaced seek alternative transit. those with late evening shifts are still bearing the burden of limited service, having to rely on late-night bus is to make their way home. we continue to rebuild and repair across our network, but as the case of the state of new york and new jersey, the port authority will need the federal government's health. we're not at full strength and we have endured hundreds of millions of dollars of damage. electric substation 7 patched together with parts. parts are offering -- operating on a manual lock, with communicators by radio while the signaling systems are under repair. to bring the system that will require hu
u.s. dot and fda provided critical support. the ministry was personally involved in getting specialized breakers from chicago for service. but with path operating at less than full strength on partial schedules, and as new jersey transit continues its efforts to restore service, commutes are still badly disrupted. what normally was a 45-minute ride has now doubled or worse as commuters displaced seek alternative transit. those with late evening shifts are still bearing the burden of limited...
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Dec 30, 2012
12/12
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i adhered to the u.s. constitution. rep. ron paul was giving his retirement speech and to his credit, to his credit -- to me makes a lot of sense. i believe him when he says our liberties are being weakened. i am so sorry that they tried to discredit him. he makes a lot of sense. he bases his thinking on the founding fathers and their intentions. i am not very clear of the fiscal cliff. i understand that we are in trouble. the middle east situation that is going on is a can of worms. with our economic downturn, i am not so sure about that yet. even things like that mortgages, which is true. >> are you working? caller: i am unemployed, but i do? taxes. i stopped getting it in march of last year because of my health issues. >> unemployment is going to end, that is one of the expiring provisions. new castle, pa.. democratic line, jeanne. >> my main comments, i think that the problems, one of the main problems is the grover norquist pledge that the officials, mainly republicans, have taken. it should be deemed unconstitutional.
i adhered to the u.s. constitution. rep. ron paul was giving his retirement speech and to his credit, to his credit -- to me makes a lot of sense. i believe him when he says our liberties are being weakened. i am so sorry that they tried to discredit him. he makes a lot of sense. he bases his thinking on the founding fathers and their intentions. i am not very clear of the fiscal cliff. i understand that we are in trouble. the middle east situation that is going on is a can of worms. with our...
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Dec 13, 2012
12/12
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. >> when you are dealing with the u.s. and federal government, you get everything that comes along with that. the paperwork is just awful, if you start with the mayor, they can make things happen. as soon as you get to the federal government. this has been going on for a long time. >> i just want to make it perfectly clear, it is a lot better than 9/11. we were working with 12,000 businesses directly impacted by that disaster in new york. today is a cakewalk in all honesty. i can't think of a situation where we did not help every small business at that point of perfection. there is going to be a lot of businesses needing help and we are struggling with that. we are trying to come up with the resources. the request for the 60 billion, it does include the ability to extend this effort. it will not be a one-year or two-year situation. they probably won't come back for five years. >> i will conclude with this. i agree that this recovery is not going to take place unless the small businesses recover. congress is not going to he
. >> when you are dealing with the u.s. and federal government, you get everything that comes along with that. the paperwork is just awful, if you start with the mayor, they can make things happen. as soon as you get to the federal government. this has been going on for a long time. >> i just want to make it perfectly clear, it is a lot better than 9/11. we were working with 12,000 businesses directly impacted by that disaster in new york. today is a cakewalk in all honesty. i can't...
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Dec 18, 2012
12/12
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u.s. gun sales are by private sellers who are not required to perform background checks. you can be a three-time convicted felon, a serial domestic abuser, severely mentally ill, or even on a terrorist watch list and still go to a gun show or go on the internet and buy whatever gun you want. the american people want to strengthen their bases to prevent the mentally ill from buying gun. but over a million disqualifying mental health records are still missing from states. 10 states have failed to flag a single person as mentally ill. and 17 states list less than 100 people. miles per hour people want to see assault weapons bans reinstated and large capacity ammunition clps banned to keep dangerous ammunition out of the hands of mad men. let's face it. when you put a 30-round clip in an assault weapon, you are not protecting your home. you are not hunting deer, you are hunting people. we have hid from this fight for too long. for too long we have used politics and the second amendment to cove
u.s. gun sales are by private sellers who are not required to perform background checks. you can be a three-time convicted felon, a serial domestic abuser, severely mentally ill, or even on a terrorist watch list and still go to a gun show or go on the internet and buy whatever gun you want. the american people want to strengthen their bases to prevent the mentally ill from buying gun. but over a million disqualifying mental health records are still missing from states. 10 states have failed to...
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Dec 14, 2012
12/12
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the u.s. what is going to change? guest: the nation is projected to grow at a slower pace over the next 38 years. the population will continue to age. that the nation is projected to become more diverse in growth, minority population, and decrease in population. host: look at these numbers. 420 million -- how do face the demand of that growing population? education, health care? guest: that is a perfect question for bill. guest: it really is a slower growth than we have been used to for a long time. about a 34% growth rate over those 48 years. we have been going on about 10% a decade. we'll get used to slower growth with a new minority population filling in at the bottom of the slow-growing part of the age distribution. and older population that is growing rapidly. we have to deal more with minority integration and social inequality and issues with the new americans. host: so aging growing slowly and more diverse. we have divided our phone lines by region. host: you can also join us honor twit
the u.s. what is going to change? guest: the nation is projected to grow at a slower pace over the next 38 years. the population will continue to age. that the nation is projected to become more diverse in growth, minority population, and decrease in population. host: look at these numbers. 420 million -- how do face the demand of that growing population? education, health care? guest: that is a perfect question for bill. guest: it really is a slower growth than we have been used to for a long...
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Dec 8, 2012
12/12
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my concern is whether the u.s. has priorities of where to begin and where we would end. what we have seen in the past couple of years is no funding from the federal government. we really comment in some kind of dream of going, some of the state's will continue to move forward because even in the best circumstances as we approach the cliff, in not going over there will be very significant reductions in every kind of program made. that is the case. i need to hear the case for why we would prioritize at least one of the places you have funded that looks like it is ready to go and go with it. if you do not do that, you must have some view that some miracle is going to happen in the economy so at least the public sector will continue funding. i cannot see that. if it is not the case that we can expect public funding for all parts of the country and in next five years. let's take the near term. what do you think is the best way to proceed with what scarce funds you may recede? -- receive? we know this. if you start, we try to look for ways to finish that. every year that we fa
my concern is whether the u.s. has priorities of where to begin and where we would end. what we have seen in the past couple of years is no funding from the federal government. we really comment in some kind of dream of going, some of the state's will continue to move forward because even in the best circumstances as we approach the cliff, in not going over there will be very significant reductions in every kind of program made. that is the case. i need to hear the case for why we would...
79
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Dec 15, 2012
12/12
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schools from u.s. workforces together that is a skills compact i think the country could easily get behind and support. and so i think that is highly important as we think of the skills issue going forward. and i think some of the issues i heard talked about before are critical to that as well. what are we doing in the pipeline? what are we doing from the earliest ages to make sure underrepresented groups are taking to science? why do we have the dropoff at middle school around young women? what are our long-term strategies? so we have to attack this on all silledders we have to have an all the above strategy. butwhile we're doing the long-term strategy to have a greater supply of stem workers and high skilled workers we should not take our eye off what queck dot do in the short terms. one of the most powerful was the idea that you could have a significant effect on the number of workers we have if you just ensured that you had a higher graduation rate among those who declared a stem major in their fre
schools from u.s. workforces together that is a skills compact i think the country could easily get behind and support. and so i think that is highly important as we think of the skills issue going forward. and i think some of the issues i heard talked about before are critical to that as well. what are we doing in the pipeline? what are we doing from the earliest ages to make sure underrepresented groups are taking to science? why do we have the dropoff at middle school around young women?...
175
175
Dec 9, 2012
12/12
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if all the sudden u.s. treasuries were downgraded, wouldn't that have a pretty significant the fact on where we are relative to the avalanche? >> if there is downgraded treasury debt, this would likely trigger other downgrades. bank debt, they will get downgraded. jpmorgans of the world. money managers have in their relationship with their clients agreements not to invest in bonds that have rates below a certain grade. they will have to divest themselves because of the downgrades. this will cause problems in the credit markets. the credit markets will ultimately adjust. the reality has not changed. you will see hedge funds and private equity firms, but that is the process. it will take time. between now and then, it will create a greater amount of turmoil. it is what this means. it means that we do not have the political will to nail this thing down. and we will not. people will recognize that and we will go nowhere. >> if you want to preserve the entitlement, get us to balance. >> get us to sustainability.
if all the sudden u.s. treasuries were downgraded, wouldn't that have a pretty significant the fact on where we are relative to the avalanche? >> if there is downgraded treasury debt, this would likely trigger other downgrades. bank debt, they will get downgraded. jpmorgans of the world. money managers have in their relationship with their clients agreements not to invest in bonds that have rates below a certain grade. they will have to divest themselves because of the downgrades. this...
101
101
Dec 16, 2012
12/12
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this will create thousands of u.s. jobs in the hardest-hit industries on jobs that cannot be of course using materials that are 90% made in the usa energy efficiency is unique in that it creates its own cash flow. it pays for itself. there are significant barriers that prevent this from being harvested more efficiency -- more efficiently. one is to begin -- and this is akin to building power plants. we know how to finance power plants. they supply predictable amounts of energy and utility can easily raise capital. however we lack the same capital for energy efficiency even notice understood to be the most cost-effective resource for meeting our needs. the energy efficiency efforts equate to a resource greater than any other source in the country. greater than nuclear, natural gas or coal. this is a great example policy that can move the -- this provides incentive to home owners to increase -- the greater the incentive, i the savings. transitioning allows for business model metrology and creates a system to reward innov
this will create thousands of u.s. jobs in the hardest-hit industries on jobs that cannot be of course using materials that are 90% made in the usa energy efficiency is unique in that it creates its own cash flow. it pays for itself. there are significant barriers that prevent this from being harvested more efficiency -- more efficiently. one is to begin -- and this is akin to building power plants. we know how to finance power plants. they supply predictable amounts of energy and utility can...